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What Is Bitcoin Dogs ($0DOG) Meme Coin: Bitcoin Dogs Trading Volume Surges
Over the past eight days, Bitcoin ETF outflows have amounted to a staggering $1.2 billion, marking the longest consecutive period of outflows since the inception of the products in January. However, the trading volume of Bitcoin Dogs, the world’s first ICO on the Bitcoin BRC20 token, jumps to $925K in the last twenty-four hours, and on-chain investors are taking advantage of the fear to scoop up undervalued projects. Amid weak crypto landscape, Bitcoin Dogs ($0DOG) has made a remarkable entrance into the cryptocurrency market with its listing on four different top-tier exchange platforms Gate.io, MEXC, Uniswap, and UniSat.
Then, what is Bitcoin Dogs ($0DOG)? Is it a good investment in 2024? Next, let’s take a close look at this coin project.
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Table of Contents
Bitcoin Dogs Lists on Major Exchanges
Bitcoin Dogs ($0DOG) Price Prediction
Is Bitcoin Dogs ($0DOG) a Good Investment in 2024?
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What is Bitcoin Dogs ($0DOG)?
Bitcoin Dogs is another new project that has embraced a play-to-earn concept. Bitcoin Dogs is a hybrid of play-to-earn (P2E) gaming, NFTs, a distinctive BRC-20 token type, and cross-chain interoperability. It is also the BRC-20 ICO, making this a ‘innovative’ approach to both crypto memes and crypto gaming.
As the first-ever ICO on Bitcoin blockchain, Bitcoin Dogs has already become part of Bitcoin’s rich tapestry. Bitcoin Dogs is beyond just a meme coin, it’s a utility project that’s deeply rooted in the Bitcoin network. Drawing inspiration from some of the very hottest GameFi projects—including Bitcoin Cats, Axie Infinity, and Faraland, Bitcoin Dogs provides investors with a fun and engaging way to play a great game, turn a profit, and become part of a dedicated community.
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$0DOG Tokenomics
Boasting a total supply of 900,000,000 tokens, $0DOG’s initial token allocation of $0DOG sets as below:
Presale/ICO: 90%
Exchange liquidity: 5%
Development: 2%
Marketing: 3%
Bitcoin Dogs Lists on Major Exchanges
On August 21, at 11 a.m. UTC, Bitcoin Dogs ($0DOG) was listed on Gate.io, MEXC, Uniswap, and UniSat, unveiling unveiling the token to millions of new prospective investors and billions in trading volume. Following major listings, Bitcoin Dogs is eyeing the fabled 100X price target and operating on the bleeding edge of what is possible on the Bitcoin network, with investors swarming from every corner of the space.
Notably, prior to its listing, Bitcoin Dogs ($0DOG) raised $13.5 million during its 30-day presale period, making it quickly become a rapidly growing new crypto project. Besides, at press time, there are a total of over 80,000 members on its X community, indicating its huge attraction for a large number of crypto enthusiasts.
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Bitcoin Dogs ($0DOG) Price Prediction
On its first trading day, according to Gate.io data, $0DOG witnessed an impressive price rally, climbing over 2.7x to reach $0.12270 before stabilizing around $0.043 before the end of the day.
As of writing this article on September 10, $0DOG is traded at $0.009837, witnessing a hefty 24-hour trading volume of $997,269. $0DOG Token saw a 24-hour change of -3.7%, with minor fluctuations of +0.2% in the past hour.
The following sets forth the 0DOG to USD Chart
Notably, within the past 24 hours, Bitcoin Dogs’ trading volume has surged by $925K, and on-chain investors are taking advantage of the fear to scoop up undervalued projects.
As we cast our gaze forward, the prognosis for Bitcoin Dogs appears encouraging. Analysts harbor optimism regarding 0DOG’s capacity to harness the anticipated upswing in Bitcoin’s price dynamics. Given Bitcoin’s projected surge in the fourth quarter, 0DOG is strategically poised to leverage the expanding momentum within the broader cryptocurrency landscape, thereby reaping the benefits of this growth.
Furthermore, the incorporation of Bitcoin Dogs into the Telegram gaming realm, with its unique blend of Tamagotchi-style gameplay and PvP battles, is poised to captivate a vast user base, thereby bolstering the token’s growth trajectory.
The upcoming developments, including staking opportunities, NFT collections, and game beta releases, are anticipated to ignite further intrigue and investment in 0DOG, fueling its momentum and expanding its appeal.
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Is Bitcoin Dogs ($0DOG) a Good Investment in 2024?
As a project deeply rooted in the Bitcoin network, Bitcoin Dogs enjoys a slew of advantages. As the first-ever Bitcoin ICO 0DOG is soft-pegged to the BTC price, analysts are treating it as the dominant BTC beta play. The same directional returns as Bitcoin, but with leveraged returns due to its smaller market cap. Besides, with listing on different centralized exchanges like MEXC and Gate.io, Bitcoin Dogs can get exposures to millions of new prospective investors and billions in trading volume, fueling 0DOG’s long-term performance.
The launch of Bitcoin Dogs’ liquidity pool has opened up some crazy APYs for liquidity providers. With early pool participants earning sky-high APYs, many are taking advantage to passively build their 0DOG stack. This favorable alignment of factors positions Bitcoin Dogs for a potential surge in Q4, amidst a backdrop of outflows from Bitcoin ETFs, further amplifying the interest and momentum surrounding the project. Besides, with US elections promising a win-win situation for crypto and specifically Bitcoin, there has never been a better time to buy BTC-native altcoins. Overall, the future outlook for Bitcoin Dogs is undoubtedly promising.
However, crypto landscape is quite volatile. Can Bitcoin Dogs ($0DOG) become the next 100X crypto? It remains to be seen. All investors are advised to do enough homework and stay with great caution before making any decision regarding Bitcoin Dogs ($0DOG).
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How to Buy the $0DOG Token?
At present, $0DOG Token is listed on major crypto exchanges like Gate.io, MEXC, Uniswap, and UniSat, etc., where interested investors can purchase this promising meme coin.
Unfortunately, currently, $0DOG meme coin is not available on BTCC platform. However, it is worth mentioning that BTCC supports trading for large variety of popular meme coins, such as PEPE, DOGE, SHIB, BONK, etc. If you are interested in these popular meme coins, you can make a purchase on BTCC exchange with highest security level and a most competitive fee.
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